PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A descending movement downwards to the next support at 0.000019680 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000021840 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 2.09432E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.000021840 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024000 |
| 2nd High | 0.000022770 |
| Next High | 0.000021840 |
| Current Price | 0.000021440 |
| Next Low | 0.000019680 |
| 2nd Low | 0.000018040 |
| 3rd Low | 0.000012340 |